IRAQ Archives

Iraq’s InstaBank Raises USD 15M to Launch Digital Banking Platform

InstaBank What happened? Iraq’s InstaBank secured USD 15 million in a funding round to support the bank’s launch and early-stage growth. The round included a USD 3 million investment from EQIQ, a venture capital fund....

by WAYA Staff - Jul 6, 2025

Markets

Valu Receives Initial Approval to Launch BNPL Services in Jordan

Valu Valu, a fintech giant, has received initial approval from the Central Bank of Jordan to officially launch Buy Now,...

by WAYA Staff - Jul 10, 2025

Startups

Saudi’s Jahez to Acquire 76% in Qatar’s Snoonu in USD 245M Deal

Jahez What happened? Saudi food delivery app, Jahez, is acquiring a 76.56% stake in Qatari on-demand delivery company Snoonu in...

by WAYA Staff - Jul 10, 2025

Real Estate

Non-Saudis Can Now Own Real Estate in Saudi Arabia

Saudi Arabia Saudi’s Council of Ministers led by Crown Prince Mohamed bin Salman agreed on July 8th 2025 to approve...

by WAYA - Jul 10, 2025

Startups

BlueFive Capital Raises USD 2B for GCC-Focused Private Equity Fund

BlueFive Capital What happened? Global investment fund, BlueFive Capital, completed raising USD 2 billion for its BlueFive Reef Private Equity...

by WAYA Staff - Jul 10, 2025

Markets

ADIG and Banco do Brasil Close BRICS Summit with USD 100B Deal

BRICS At the conclusion of the 17th BRICS Summit, the ADIG and Banco do Brazil signed one of the largest...

by WAYA Staff - Jul 9, 2025

Money

UAE’s Xpanceo Raises to USD250M to Develop Smart Contact Lenses

Xpanceo What happened? UAE-based deeptech startup, Xpanceo, raises USD 250 million in a series A funding round. The round was...

by WAYA Staff - Jul 9, 2025

Startups

India’s Qoruz Raises USD 500K to Expand to the Middle East

Qoruz What happened? India’s Qoruz raised USD 500 thousand in a pre-Series A funding round led by The Chennai Angels....

by WAYA Staff - Jul 9, 2025

Startups

Nawy Acquires Majority Stake in UAE’s SmartCrowd

Nawy Egypt’s proptech giant, Nawy, has acquired a majority stake in UAE’s SmartCrowd marking its entry into the GCC market....

by WAYA Staff - Jul 9, 2025

Startups

UAE’s icogz Raises USD 1.4M to Scale AI-Native Business Platform

icogz What happened? UAE’s icogz raised USD 1.4 million in a pre-seed led by angel investors and syndicates from UAE...

by WAYA Staff - Jul 8, 2025

Startups

UAE Proptech Huspy Secures USD 59M to Scale Operations in MENA and EU

Huspy What happened? UAE’s proptech Huspy raises USD 59 million in series B funding round. The round was led by...

by WAYA Media - Jul 8, 2025

IRAQ

Iraq’s InstaBank Raises USD 15M to Launch Digital Banking Platform

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